Common use of PROSPECTING AND MINING Clause in Contracts

PROSPECTING AND MINING. A. Lessee shall conduct its prospecting and/or mining activities on the Property with reasonable diligence and skill for the purpose of achieving and maintaining the production of Mineral Deposits consistent with good mining and business practices and other applicable industry standards and practices and shall comply in all material respects with all Applicable Laws as further set out in this Mining Lease.

Appears in 2 contracts

Samples: Mining Lease and Agreement, Mining Lease and Agreement (Strathmore Minerals Corp.)

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PROSPECTING AND MINING. A. Lessee shall conduct its prospecting and/or mining activities on the Property with reasonable diligence and skill for the purpose of achieving and maintaining the production of Mineral Deposits consistent with good mining and business practices and other applicable industry standards and practices practices, and shall comply in all material respects with all Applicable Laws as further set out in this Mining Lease.

Appears in 2 contracts

Samples: Mining Lease and Agreement (Uranium Resources Inc /De/), Mining Lease and Agreement (Neutron Energy, Inc.)

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